Surprised there were no comments about this one. A merging of the PM communities, alternative news websites and crypto all in one.... and no comments? It's almost like there is an active KSA and a US Mint buy debacle all happening at the same time. And people said it was too quiet around here...

Read your comments there, very valid points you make there. Your point about "why they need $70 million" is the same reason I stayed away from EOS, why the heck do they need $1+ billion for that project when people like "Satoshi" didn't need any startup funds and Vitalik needing a small amount to start Ether.

I've stayed away from most ICO's for that reason, but I understand the developer's greed, heck if I had the programming skills I'll definitely be doing an ico of some sort.

I'm not buying CDX (I didn't even read the article, just went straight to the comment section).

Fabio wrote:Read your comments there, very valid points you make there. Your point about "why they need $70 million" is the same reason I stayed away from EOS, why the heck do they need $1+ billion for that project when people like "Satoshi" didn't need any startup funds and Vitalik needing a small amount to start Ether.

I've stayed away from most ICO's for that reason, but I understand the developer's greed, heck if I had the programming skills I'll definitely be doing an ico of some sort.

I'm not buying CDX (I didn't even read the article, just went straight to the comment section).

Fair points. I don't have a bunch in EOS, but I do have a position. I agree with you on the "necessary funds" thesis. They don't need that amount of money. For me though, it is about evaluation. If the claims of EOS are anywhere near reality, it will supplant ETH, and therefore overtake ETH's market cap (by a lot). The question is, will the claims become a reality or not?

As for CDX, they would need to have wild success for the investor to even have a chance at making any real money - and the competition is already tough in that space. If they merely did well, the investor stands to make very little or nothing. That doesn't inspire people to invest in an unproven startup.

Anybody tracking CDX anymore? I know the ICO is finished, but I don't see their token on CMC. Not sure how much they raised, but I know it didn't sell out. Progress updates on the blog look like amateur hour.

They said it's on etherdelta. Sounds like a decent ICO, helping get into that alt-website add content area, and support that realm of spreading .. what the masses may perceived as borderline disinformation, although some of these websites are simply ahead of their time, and whistle blower types.

From September 13, 2017: A few weeks ago that exchange rate was set at 1 ETH = 3,000 CDX. Since back then 1 ETH cost $400, we can extrapolate a dollar price per CDX token purchased back then. It works out to $400 / 3,000 = $0.13. Meaning that a few weeks ago 1 CDX token cost approximately $0.13.

Today, the fixed exchange rate is set at 1 ETH = 2,250 CDX. While that exchange rate is less favorable, we need to take into account that the price of ETH has fallen considerably to $270. Let’s calculate the current dollar price per CDX token. Now it is $270 / 2,250 = $0.12.

Currently trading between 7-8 cents on EtherDelta. And ETH has gone from $270 to over $700. Apparently they are going to launch in January. Considering they haven't even applied to be shown on CMC, I don't see this being successful right out of the gate. Glad I passed on this one.